The company has entered into a strategic alliance with Stanley Healthcare, an operating division of Stanley Black & Decker, to offer its solutions in India.

"We have a global partnership with Stanley Black & Decker and we are extending the strategic alliance with Stanley Healthcare in India," Schneider Electric Healthcare Solutions Vice President Michael Sullivan told .

Stanley is bringing real-time location technology in this partnership, he added.

"Schneider Electric is partnering with various companies to bring right information to right person at the right time to improve financial performance, patient safety and patient satisfaction," Sullivan said.

India is a very important market for the company. It is among top 10 healthcare markets for the Schneider, he added.

"We are planning geographical expansion in India. Earlier the focus was on big cities such as Delhi, Mumbai and Bangalore but now we are looking at middle part of markets," Sullivan said.

The cities that the company is looking at are Ahemdabad, Pune, Hyderabad and Jaipur among others, he added.

The company has engaged major hospital chains in India, including Apollo, Fortis and Manipal Hospitals, for its healthcare solutions, Schneider Electric India Country Segment Manager Healthcare & Life Sciences Deepak Singh Thakur said.

Schneider Electric is a global specialist in energy management and automated systems while Stanley Healthcare provides security and protection, patient and resident safety, clinical operations and work flow in hospitals and healthcare systems. AKT RKL MR

Subscribe ETHealthworld Newsletter

Health Wallet not only addresses the current needs of the customers by paying for their hospitalisation and OPD expenses that are usually not covered by health insurance policies, but also ensures affordability of continuing their policy in later years.